Bank Nifty July Expiry Setup

Jul 23, 2020

BANK NIFTY has reached it's crucial resistance 23100 on July 8th.

My view for July Expiry is Bearish with a target of 21200.

Note: It will be bullish, if it goes above 23200.

Jul 24, 2020

Trade active

Jul 27, 2020

Trade closed: target reached

Happened Exactly what I predicted.

Aug 3, 2020

Note

Support level reached for BankNifty as mentioned in the channel pattern. My analysis, it has to bounce back from these levels. Let's see what happens tomorrow.

Aug 4, 2020

Note

Exactly predicted the move.